Franklin Universal Trust (FT) Yield on Cost (YOC): 6.38%
The yield on cost (YOC) for Franklin Universal Trust (FT) is 6.38%.
FT Yield on Cost (YOC) Metrics
YIELD ON COST (YOC)
6.38%
Yield on Cost for FT
FT now pays $0.51 per share a year. Measured against the price it actually traded at back then, a long-term holder is earning:
| If you bought | Price then | Yield on cost today |
|---|---|---|
| 10 years ago(2016-06-22) | $6.79 | 7.51% |
| 5 years ago(2021-06-18) | $8.10 | 6.30% |
| 3 years ago(2023-06-21) | $6.72 | 7.59% |
| 1 year ago(2025-06-25) | $7.51 | 6.79% |
| Buying today(at $7.99) | $7.99 | 6.38% |
If you buy today and the dividend keeps growing
Projection: starting from today's 6.38% yield, assuming the dividend keeps compounding at its historical 5.8% rate. Boards set dividends each year, so actual figures will differ.
Today
6.38%
In 3 years
6.38%
In 5 years
6.37%
In 10 years
6.36%
Yield on Cost Calculator
Try your own purchase price, dividend and growth rate for Franklin Universal Trust (FT).
Starting Yield
6.38%
Ending YOC
14.95%
Year 15 Dividend
$1.19
Cum. Dividends Recd.
$12.41
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $0.51 | — | 6.38% | $0.00 |
| Year 1 | $0.54 | +5.84% | 6.76% | $0.54 |
| Year 2 | $0.57 | +5.84% | 7.15% | $1.11 |
| Year 3 | $0.60 | +5.84% | 7.57% | $1.72 |
| Year 4 | $0.64 | +5.84% | 8.01% | $2.36 |
| Year 5 | $0.68 | +5.84% | 8.48% | $3.03 |
| Year 6 | $0.72 | +5.84% | 8.97% | $3.75 |
| Year 7 | $0.76 | +5.84% | 9.50% | $4.51 |
| Year 8 | $0.80 | +5.84% | 10.05% | $5.31 |
| Year 9 | $0.85 | +5.84% | 10.64% | $6.16 |
| Year 10 | $0.90 | +5.84% | 11.26% | $7.06 |
| Year 11 | $0.95 | +5.84% | 11.92% | $8.01 |
| Year 12 | $1.01 | +5.84% | 12.61% | $9.02 |
| Year 13 | $1.07 | +5.84% | 13.35% | $10.09 |
| Year 14 | $1.13 | +5.84% | 14.13% | $11.22 |
| Year 15 | $1.19 | +5.84% | 14.95% | $12.41 |
Franklin Universal Trust Yield on Cost (YOC) Formula & Definition
Yield on cost is the dividend yield measured against your original purchase price, not today's price. As a company raises its dividend, the yield on what you actually paid keeps rising even when the market yield holds steady.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Franklin Universal Trust Yield on Cost (YOC) FAQ
- What is the yield on cost (YOC) for Franklin Universal Trust (FT)?
- The yield on cost (YOC) for FT stock is 6.38%.
About Franklin Universal Trust
Established on September 23, 1988, Franklin Universal Trust operates as a U.S.-domiciled, closed-end balanced mutual fund. It was initiated by Franklin Resources, Inc. and is actively managed by Franklin Advisers, Inc. The fund directs its capital towards the public equity and fixed income markets throughout the United States, specifically focusing its equity investments on the utility sector. Employing fundamental analysis, it constructs a diverse portfolio comprising corporate debt instruments and dividend-yielding utility stocks. For performance evaluation, the trust measures its equity holdings against the S&P 500 Electric Utilities Index, while its fixed income components are benchmarked against the Credit Suisse High Yield.
- Sector
- Financial Services
- Industry
- Asset Management
- CEO
- Rupert Harris Johnson Jr.